Morgan Stanley adjusts target to CNY 105 for Midea stock

Published on 10/27/2026 at 15:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Midea sets October 29 results date. Midea stock costs EUR 10.65 on October 27, 2026, 0.08 percent above the Tradegate close.

Analyst target and reporting date

Morgan Stanley adjusted its Midea target to CNY 105 on October 25, 2026.
Midea scheduled its third-quarter results for October 29, 2026.
Midea stock costs EUR 10.65 at Lang & Schwarz on October 27, 2026 at 3:29 p.m. CET, 0.08 percent above the Tradegate close of October 26, 2026.
Second-quarter 2026 revenue reached CNY 128.94 billion and earnings reached CNY 13.77 billion.

Midea, CNE100006M58, Illustration mit AI erstellt.

Midea Group (CNE100006M58) had its target adjusted to CNY 105 by Morgan Stanley on October 25, 2026, according to MarketScreener. The move gives investors a fresh valuation marker before the company reports third-quarter results. Midea stock was trading at EUR 10.65 at Lang & Schwarz on October 27, 2026 at 3:29 p.m. CET, 0.08 percent above the Tradegate close of October 26, 2026.

Results arrive on October 29

Midea has scheduled its third-quarter results for October 29, 2026. Moomoo lists estimated third-quarter revenue of CNY 108.95 billion. The date follows Midea's first-half report, which was dated September 15, 2026.

The latest completed quarter shown for the company was the second quarter of fiscal 2026. Revenue was CNY 128.94 billion, while earnings reached CNY 13.77 billion and the profit margin stood at 10.68 percent, according to Yahoo Finance.

Price stays below the yearly high

The Frankfurt quotation page lists a 52-week range of EUR 8.60 to EUR 11.30 for the German line as of October 27, 2026. At EUR 10.65, the stock stood 5.75 percent below the high. The quoted market capitalization was EUR 81.1 billion, while the price-to-earnings ratio was 14.76.

The primary listing is Midea's Hong Kong line under ticker 0300. The Shenzhen-listed A-share line closed at CNY 85.04 on October 27, 2026, down 0.54 percent from the prior session, with a market capitalization of CNY 648.9 billion and a price-to-earnings ratio of 14.56.

How Midea compares with peers

Comparison with peers

Midea Group: plus 0.08 percent versus the Tradegate close, price-to-earnings ratio 14.56, market capitalization CNY 648.9 billion.
Gree Electric Appliances: down 1.56 percent, price-to-earnings ratio 8.24, market capitalization CNY 204.4 billion.
Hisense Home Appliances: down 3.50 percent, price-to-earnings ratio 10.82, market capitalization CNY 28.0 billion.

What the target means for valuation

Morgan Stanley's CNY 105 target is higher than the CNY 85.04 Shenzhen close used for the operating comparison. JPMorgan had set a CNY 100 target on October 18, 2026, according to MarketScreener. The two targets place the coming results at the center of the stock's near-term valuation debate.

Midea keeps a broad earnings base

Midea's investor-relations page reports fiscal-year 2025 revenue of RMB 458.5 billion and net profit attributable to owners of RMB 43.95 billion. Overseas revenue reached RMB 195.9 billion, up 16 percent year over year, while ToB revenue reached RMB 122.8 billion, up 17.5 percent. The figures show how the October 29 release will be judged against both domestic appliances and the group's expanding industrial businesses.

Stock price and next marker

The October 29 reporting date is the next scheduled company event, while the latest German quotation keeps Midea's euro price within its documented annual range. Midea stock was trading at EUR 10.65 at Lang & Schwarz on October 27, 2026 at 3:29 p.m. CET, 0.08 percent above the Tradegate close of October 26, 2026. The further course of trading is shown by the continuously updated real-time quote of Midea stock.